Ecopetrol SA (ECOPETL CB), Colombia’s state-owned oil
company, climbed 1.1 percent to 4,330 pesos. Oil output in the
South American country will rise to 1 million barrels a day this
month and will likely reach 1.2 million barrels a day in 2015,
according to an e-mailed statement today by the Colombian Oil
Association.

Tableros y Maderas de Caldas SA (TABLEMA CB) rose 1 percent
to 10.6 pesos. The wood products maker said in a Dec. 30
statement that its Tablemac MDF unit received tax-free zone
status for 15 years. The tax break is “good news” and may have
led some investors to change the price at which they value the
shares, said Juan Nicolas Pardo, an analyst at Valores
Bancolombia SA.

Almacenes Exito SA (EXITO CB), the country’s biggest
publicly-traded retailer, gained 1.1 percent to 26,280 pesos.
Exito rose for a third day after the stock exchange said in a
Jan. 2 statement that Exito’s weighting in the Colcap Index rose
to 6.3 percent from 4.7 percent.